Algeria
Upper-middle-income North African economy where natural gas, oil, public spending, imports, and state firms drive the macro cycle. Track hydrocarbon prices and output, fiscal balances, reserves, import controls, inflation, and dinar conditions.
Algeria
Overview
Algeria is a North African economy. The profile should be read through natural gas, oil, public spending, imports, and state firms, the monetary setting described by its central bank, and external pressure from European gas demand, oil prices, food imports, and foreign-exchange reserves. The current IMF values give the cycle; national sources explain how that cycle reaches households, firms, banks, and public budgets.
How to read Algeria
Start with the latest cycle, but do not stop there. IMF DataMapper current values put real GDP growth at 3.8 percent in 2025 and 3.8 percent in 2026. IMF DataMapper current values put average consumer-price inflation at 1.4 percent in 2025 and 2.9 percent in 2026. Those numbers tell you whether demand and prices are moving with or against the country's policy setting S6,S7.
Then move to structure. Algeria's profile is shaped by natural gas, oil, public spending, imports, and state firms. A good reading asks which of those channels is lifting output, which is absorbing labor, and which is most exposed to imported costs or foreign demand S1,S4,S5.
The final step is institutional. Own currency: Algerian dinar; monetary policy led by the Bank of Algeria. Presidential republic with a bicameral parliament. Those two facts decide how quickly inflation, credit, fiscal pressure, and external shocks can be answered S2,S3,S4.